According to Cointelegraph, Utah's HB230 "Blockchain and Digital Innovation Amendment" has passed the state's Senate Tax Committee with a 4-2-1 vote on February 20, and the bill will enter the second and third readings of the Senate. According to the bill, to become a reserve asset, a digital asset must have an average market cap of $500 billion or more in the previous calendar year. Currently, only Bitcoin meets this requirement. The bill...
Blockchain innovation studio Knidos Labs has announced that it has received an undisclosed amount of funding from the Avalanche Foundation to develop and launch its decentralized enhancement layer and build innovative and impactful financial instruments, while introducing Knidos Node-Fi, a trustless and transparent partial node ownership platform.
On February 19, it was reported that in order to further promote the innovative development and standardized application of generative artificial intelligence in Shanghai, the Shanghai Network Information Office carried out the filing of generative artificial intelligence services in Shanghai in an orderly manner in accordance with the requirements of the Interim Measures for the Management of Generative artificial intelligence services. At the same time, the registration work is carried out for...
The Utah Blockchain and Digital Innovation Amendment has been sent to the Senate for approval. If passed, it would allow the state to invest 10 percent of state funds in bitcoin and other digital assets. Utah remains ahead in the state reserve bill race, followed by Arizona and Oklahoma.
BingX Labs, the innovation arm of cryptocurrency exchange BingX, has awarded $10 million to full-chain liquidity infrastructure StakeStone to accelerate the development of full-chain liquidity staking and StakingFi applications.
Duncan Chiu, a member of Hong Kong's Legislative Council and chairperson of the Technology and Innovation Commission, which oversees the city's tech parks and research facilities, said the city's initial caution in regulating cryptocurrencies had given it an advantage. "Sometimes,...
According to analysts, innovation in China's AI sector is expected to drive more capital into the country's stock market, especially against a backdrop of low valuations, light holdings and a recovery in the earnings cycle. Click to view...
Binance Lianchuang and former CEO CZ posted on the X platform that there are no plans to launch Meme Coin at this stage, but speculated that other national leaders may be considering it.
Class A share chip stocks continued to rise, Zhaoyi innovation afternoon limit, Tianyue Advanced, National Technology, Micro Semiconductor, Demingli, Espressif Technology, Chengdu Huawei, Huahai Chengke, Hengxuan Technology and other stocks rose more than 5%.
Oh, an innovative platform that combines AI with Web3 technology, has received $4.50 million in seed funding. The round was oversubscribed, with major participants including Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital and Bodhi Ventures. It was also backed by prominent angel investors such as Yan Liberman of Delphi Ventures.
January 8th news, U.S. stocks closed on Tuesday, the Dow index initially closed down 0.4%, the S & P 500 index fell 1.1%, the Nasdaq index fell 1.89%. NVIDIA (NVDA. O) closed down 6.2% after opening to a new high, Tesla fell 4%, Apple (AAPL. O) fell 1%. Nasdaq China Golden Dragon index fell 0.2%, XPeng Motors (XPEV. N) rose more than 9%, Alibaba (BABA. N) fell 1%, NIO (NIO. N) fell 4%.
Ninepoint Partners LP announced that it will update its Web3 Innovators Fund to an exchange-traded fund. The new product name is "Ninepoint Crypto and AI Leaders ETF". The investment objectives and strategies of the ETF will remain unchanged, and it will continue to be listed on the Toronto Stock Exchange in the future.
BingX Labs, the innovation arm of BingX, announced a strategic partnership with Bitcoin staking agreement Babylon to invest $5.30 million in the Babylon project through its $100 million ecosystem fund.
Coinbase published a review of growth, innovation and market expansion in 2024. From January to December, the average daily trading volume on the platform surged from $200 million to $12.60 billion, an increase of 6,200%. In December, 30-day nominal trading volume exceeded $380 billion. The platform offers up to 20x leverage across 106 perpetual futures contracts, improving capital efficiency while also setting new standards for liquidity to enhance the trading experience. This is just the begin...
Blockchain investor Oak Grove Ventures has completed a strategic investment in innovative blockchain platform DuckChain. This investment is designed to support the expansion of DuckChain's technical team, promote Product Research & Development, and deepen its synergies with the Telegram ecosystem. DuckChain is an innovative startup focused on blockchain technology solutions, with a platform based on TON's EVM solution, dedicated to providing seamless decentralized application development support...